This assignment supports the learning objective Understand the purpose and use of assessments and audits.In a formal academic paper $($this is a University after all$),$ discuss at least three of the following items:Is auditing important, why or why not?Compare and contrast external versus internal audits. Describe when each type of audit would be used, and which group is the primary beneficiary of each audit.When would an organization use an assessment versus an audit?How, as a leader in your company, could you use an audit for your benefit?You've taken on a new role as an IT audit manager and need to build out your team. You have a budget to hire three $(3)$ full$-$time equivalent $($FTE$)$ personnel. Where do you find your talent?You've taken on a new role as an IT audit manager in a mid$-$size company. How do you insert yourself into the company culture and build rapport with management $($your future auditees$)?$